EMERGENCY DEBATE: They Are Lying To Us About AI, The Iran War & What Happens Next!

Everybody is in a rush to fire 10 to 25% of their workforce, but 10% unemployment would be worse than anything that's ever happened in our lifetimes. We are going to have a depression like we've never seen in our lives.

Wow. Jake's a real Debbie Downer today.

I mean, this is an unbelievable opportunity we're talking about. I got

to buy more sunglasses for how bright the future is.

If you notice, Kevin actually didn't address the wave of unemployment at all because there's no question that it's going to happen. And when we hit the iceberg, we're not going to be ready.

And it is going to be an epic disaster.

Change is disruptive and it's uncomfortable. But the scare factor of

uncomfortable. But the scare factor of saying that everybody loses their job and the robots eat the children. I just

don't buy it.

I I don't know anyone saying that the robots are going to eat the children.

And I understand that change happens, but we have to be careful with change because by 2028, we're going to have disaster from AI, unemployment, and disaster from the war. The only hope is

electing a smart person who's prepared in 2028. Republicans, I have one thing

in 2028. Republicans, I have one thing to tell you.

There's no way. Nobody's showing up to vote. Their voter enthusiasm is

vote. Their voter enthusiasm is obliterated.

But the Democrats have also lost their way.

And the Republicans only have one guy who could win. And I'm worried about it.

Tucker Carlson. So, as we head towards the midterms, but also the elections, which aren't actually that far away now, do you agree that we're heading towards a more socialist America?

So, let me just say this.

How about that for an answer?

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Let's get on with the show.

Jenk, thank you so much for being here with me. Um, there's so much going on in the

me. Um, there's so much going on in the world that I have so many questions and you both have very different perspectives on all of the issues that I care about the most. So, I thought I'd bring us together to try and pass through what is true. Unlike a lot of

shows, I I don't expect a shouting match. What I'm trying to get is to

match. What I'm trying to get is to truth. And I'm hoping that seeing the

truth. And I'm hoping that seeing the collision of your ideas on some of the big issues that are front of mind for me like artificial intelligence, like geopolitics, like what's going on in America now that I live there, I think

will be incredibly beneficial to me and hopefully therefore my audience. I have

this graph here that says seven in 10 Americans oppose local construction of AI data centers.

If you go back in time, any new technology is extremely disruptive.

Change is disruptive and it's uncomfortable and it always is that way and yet it always proves within the context of the American economy to create a lot of

productivity and opportunity. And I

would argue today if we're going to find a cure for cancer, it's going to be through AI. If we're going to

through AI. If we're going to democratize education, it'll be through AI. If we're going to do some advances

AI. If we're going to do some advances on space research and travel, it'll be through AI. Productivity in the S&P 500

through AI. Productivity in the S&P 500 and it's all small companies, AI. And

you can't have it without data centers.

You actually need the underpinnings, the infrastructure. And so that debate, that

infrastructure. And so that debate, that narrative is going on, but there's a dark side to this that I've only started to bring forward in the last couple of

weeks. I discovered this in Utah

weeks. I discovered this in Utah that there are some nefarious forces.

Um, Arabella is the name of it. I didn't

know anything about it, but I was wondering who was spending all the money in Utah with all that misinformation about what the data center was going to be talking about using water we weren't

or using power we had no intention to or 40,000 acres that's complete BS. It was

all lies. And I said, who could afford that? So I hired a bunch of forensic

that? So I hired a bunch of forensic auditors and lo and behold it took me back to the Chinese through Arabellum uh Neville Singum is his name. He's funding

all these organizations in Utah and I caught him through the IRS 990 filings and I handed it over the White House and to a bunch of special agents and I just

wonder what's going to happen next. I'm

loving this now. This is so interesting and it's a national debate and the poo poo's hit the fan. But I'm not debating this. I'm not suggesting it. I have

this. I'm not suggesting it. I have

irrefutable evidence the Chinese are meddling in every place where new power is being proposed in America, every state, every city. And it all goes back

to the Chinese through this Arabellum.

And just look at the IRS filings. Don't

shoot the messenger. I'm just providing the truth.

Kevin, so just just for context here, there was a proposal to build some data centers in Utah, and you're saying that the push back and the negative reaction that has been seen is being encouraged

or sponsored by the Chinese who are driving misinformation through bots. Is

that what you're proposing?

No, it's not through bots. It's actually

through contributions that are shown through a a wide network of different entities. It's very it's very well um

entities. It's very it's very well um cloaked, but through forensic audit and IP address scraping uh with some really strong data scientists that I hired and

I'm working with, we were able to provide 90 pages of IP addresses from foreigners uh to various agents and various entities within the US government. And we're going to keep

government. And we're going to keep doing it. We're we're providing it every

doing it. We're we're providing it every four hours. where cuz one thing I have

four hours. where cuz one thing I have that I guess they hadn't thought through is I have 12 million followers on social media. No, no uh data center developer

media. No, no uh data center developer has 4 million followers. This all showed up on my feeds with bots on on Twitter

which is now X and on Instagram and then onto LinkedIn. So we just provided the

onto LinkedIn. So we just provided the data to the government and where the chips fall I have no idea. And we had death threats uh to our executives. I

provided that to the FBI and they visited the woman who did it in Denver.

I think scared the pee peee right out of her, but she won't be doing that again.

So, I mean, it's Listen, bring it. Don't

mess with me. I'm just going to provide the data back to the government. I'm I'm

I'm just telling the truth. I'm not

debating it. I'm not suggesting it. I'm

providing the IRS filings of the cash coming from Marabella right into the Alliance for a Better Utah and the story. I mean, that's Listen, I

didn't ask for this fight. I'm just

providing the data.

Is that how you see things? Are you

seeing the push back in terms of AI? Um,

do you think it's coming from Chinese sponsored actors or do you think it's something else?

No, I I don't think China has anything to do with it. Uh, so first off, there's a lot of things Kevin and I share. Uh,

I'm also an entrepreneur. I'm a

capitalist and went to Wharton Business School. So, I love America. I love the

School. So, I love America. I love the opportunity that America provides. I

wanted to provide opportunity for all sorts of new businesses. So, that's not remotely the issue. Okay. So, the

question is, are we going to pay our own uh costs? So now on the AI data centers

uh costs? So now on the AI data centers um in the beginning I started reading these stories about how the data centers are driving up the energy cost for everybody in that community that they're based in and I couldn't believe it. But

then I thought okay since we have basically legalized bribery in America that probably is true they probably you know given enough campaign contributions to make this happen and it turns out

they have. No, if you're going to do a

they have. No, if you're going to do a data center you have to pay for it and you have to pay for all of its costs.

None of this subsidizing your costs to the average taxpayer who's not getting anything out of it. So, we have to be absolutely meticulous about who's paying for the cost of the data centers. And it

should be the businesses that profit from it. Unless you'd like to take have

from it. Unless you'd like to take have the American people take some equity in your business because if we're going to pay your costs, obviously we should have equity in it. When we bailed out the bankers back in 2008, it was an absolute

crime. We should have taken equity in

crime. We should have taken equity in those companies and then sold it later for a profit. I don't want the government to run banks, but I do want us to not be suckers. Uh we constantly pay for the research of the drug

companies and never get any equity. So,

um if you going to be capitalists, let's be capitalists. Now, the real reason why

be capitalists. Now, the real reason why people are most angry about AI is not even the data centers. And they have every right to be livid about their energy costs being higher uh so somebody

else can make a buck. Uh but the bigger issue is the unemployment that we're all worried is coming and it most definitely is. So, there's a lot of uh happy talk

is. So, there's a lot of uh happy talk about, oh, 10 years from now, 20 years from now, robots are going to be cooking our salmon. Or two years from now, I

our salmon. Or two years from now, I don't really care. I don't need my salmon cooked by a robot. What I care about is, are we going to have massive unemployment? And right now, and I'm

unemployment? And right now, and I'm curious what Kevin's going to say about this because it's kind of indisputable if you're in the business community, everybody is in a rush uh to fire 10 to 25% of their workforce. and whoever gets

there first gets a competitive advantage and the market's rewarded and their stock uh price goes up. Well, if

everybody goes to fire 10 to 25% of their employees, we are going to have u not just a recession but a depression like we've never seen in our lives. And

everybody's whistling past the graveyard here. Uh so, do we have a plan? Does the

here. Uh so, do we have a plan? Does the

government have a plan? The only guy I've ever heard of working on a plan to deal with this tsunami of unemployment is Roana. other than him it's crickets

is Roana. other than him it's crickets and I think we're going to hit the iceberg really hard.

Interestingly Jenk, the other person that I've heard talk about the unemployment wave coming has actually been some of the big AI CEOs. And if you go back and look look at their quotes through time, people like Sam Alman

predicted that there will need to be some kind of UBI scheme. And I think Worldcoin, which is his other startup that uses um retina scanning to be able to distribute value to people to check

their humans. One of the principles of

their humans. One of the principles of the foundation of that company was to distribute UBI, universal basic income to everybody. So on this point, Kevin,

to everybody. So on this point, Kevin, do you do you disagree that there there will be a widespread unemployment apocalypse, as Jenk has called it on his Twitter feed.

So So let's go through Jack's shopping list of disaster. I think it's fair to address them one at a time. Let's talk

with the energy. I totally agree with him. You can't build a data center

him. You can't build a data center anywhere and tap into the grid because he's right. the price of energy would go

he's right. the price of energy would go up at the library, the church, and the community center by 30%. And that's what happened in Virginia. So that is no

longer a possibility. In Utah, for example, I have to bring my own power.

But the idea would be if we produce this energy because there's no data centers without energy. We'll put it back into

without energy. We'll put it back into the grid, not just for Utah, but for the whole country. Because I think he's

whole country. Because I think he's right. Anybody that's building a new

right. Anybody that's building a new data center should have the responsibility to provide the power and put some of it back into the grid. That

would solve two problems at once. The

grid is tapped out. The library has no more power. We'll solve that problem for

more power. We'll solve that problem for Utah and the country. So that's the first falsehood I run into fueled by the Chinese propaganda that came into Utah

or whoever they are at Arabella, the CP C the CPP or the U you know who whoever this agency is because you have to follow it through all these nefarious

holdings. But at the end of the day

holdings. But at the end of the day that's number one. Number two, the idea that everybody gets replaced by robots and then they eat the children, I don't buy that at all. Every new technology in

American history for over 200 years has created vast opportunity, productivity, and fueled the economy to lead all economies on Earth by 20%. Which is

still the case today. Now, it's an uncomfortable reality. The market hit

uncomfortable reality. The market hit new highs today. And that is an index of how great American companies are. And

the smaller companies that are 5 to 500 employees also hitting on all cylinders now using AI tools for productivity, customer acquisition, maintenance. So

the scare factor of saying that everybody loses their job and the robots eat the children. I just don't buy it.

And so I think we should have that debate. But you don't know yet what

debate. But you don't know yet what opportunities there are in the economy driven by this new technology. So I

think what I know there's fear and loathing and I think it's important to have that narrative. I think it's great to debate it but I think we should deal with fact. It's very very uncomfortable

with fact. It's very very uncomfortable when chain hit change hits anywhere and yet it's proven itself within the context of the American economy to rise

it above all challenges and still lead the world. Unfortunately,

the world. Unfortunately, there's the issue of defense and the economy against China. They're our big

adversary. In this last conflict in the

adversary. In this last conflict in the Middle East where very few boots hit the ground, it was the technology that

provided the ordinance precision that's been used. In the future, wars will be

been used. In the future, wars will be conducted using AI. And unfortunately,

the country with the best AI technology will win those wars. I would certainly not want China to be ahead of us. Yet, I

think they're the ones that would like to stop us building power and developing our AI platforms because they have something called deepseek. I just want to put a fact out there because we're

talking about this. While we were stymied in building any new power, forget about data centers, just new power. The Chinese in the last 19 months

power. The Chinese in the last 19 months built 400 gawatt of power off burning coal. They don't care about the

coal. They don't care about the environment. They don't have any policy

environment. They don't have any policy about that. They have a supreme leader

about that. They have a supreme leader who points his finger at the ground and says, "Build a coal burning plant here.

Put a data center behind it or you'll disappear in 18 months." And the people involved say, "Chop chop, Supreme Leader. We will make it happen." We

Leader. We will make it happen." We

can't do that in America. And he knows that. So he's spending as much money as

that. So he's spending as much money as he can making sure he styies the efforts of every entrepreneur in every state to do the same. So that's what I think is happening and I'm happy to provide the

data as I mentioned earlier and let the government and their special agents in all of these different departments I'm working with now. I'm proud to be providing this information. I think I've

kicked the door open on something very very nasty.

Um Kevin, I would like to take a look at that information as well. So we I'll pick pick up that pick up with you about that off camera. Um, what I wanted to ask you is a lot of this sort of doomerism around unemployment that we're

talking about comes from the CEOs building the AI companies. And this is something that that's always caused me a bit of cognitive dissonance, which is I think if you go back to I've got some

quotes here from March 2021. Sam Alman

said, and he's the for anyone that doesn't know the CEO co-founder of OpenAI, which is the maker of ChatgBT, AI will probably replace most of the jobs people do today. entire job

categories will be totally totally gone.

And then Elon Musk said in May 24, probably none of us will have a job. If

you want to do a job that job, it's kind of like a hobby. You can do a job, but otherwise AI and robots will provide any goods and services that you want. And

Dario, who's the founder of Claude, which is the other major leading AI model, said this was in 2025, AI could eliminate half of all entry-level white collar jobs within 5 years. a shift that

could push unemployment up to 20%. The

public is being sugarcoated on what is coming. These are the people that are

coming. These are the people that are most wellplaced and arguably I mean depends how you look at it have the least incentive to say that their companies are going to cause societal

harm and they're saying that their companies are going to cause massive massive unemployment. Do we do we assume

massive unemployment. Do we do we assume that they're not telling the truth or that they don't know what they're talking about?

I think that's a very selective um bunch of sound bites. Dario also said the CEO of Ananthropic, if we don't build more compute capacity in the next 6 months,

the Chinese will catch up with us with deepseek.

That's an ominous warning because, you know, let's say you decide, look, it's too scary. Let's shut down the US's

too scary. Let's shut down the US's ability to advance compute. Let's just

shut it all down as the Chinese want and let's all sit around the campfire and go kumbaya. Do you think the Chinese are

kumbaya. Do you think the Chinese are gonna stop? I don't think so. I think

gonna stop? I don't think so. I think

they're going to continue to do this and they'll invade Taiwan using no boots.

They'll just use AI to shut down their power.

I mean, I'm just telling you that the Kumbaya stuff I totally agree with. I

love it. But it's not reality. Should we

compete? Should we advance our technology? Should we be the best in the

technology? Should we be the best in the world advancing research on AI to solve for cancer? Yes. Or do you want the

for cancer? Yes. Or do you want the Chinese to do that for you? And in 20 years, they'll tell your children what to eat when they're sitting at their table in New York City for breakfast.

I'm the in the camp that says, "We know who our adversary is. We know that why they want to stop us." And Dario himself said, "Hey everybody, we better build

some data centers real fast or in 6 months, Deepseek is now number one on Earth." I don't want that outcome.

Earth." I don't want that outcome.

Jen, it appears to me that, you know, there's the CEOs are acknowledging that there could be a mass wave of unemployment that's going to cause a bunch of problems that I don't think people are thinking about. But also what

Kevin's saying about it, you know, there being this this sort of global race between countries also appears to me to be true that if we just sit back and relax and put our fingers in our ear, then there's going to be a huge

competitive advantage with this transformational technology that falls into the hands of China and um and we'll miss out as the West. What's your

perspective?

First to address a lot of things that have been said. First, I I don't know anyone saying that the robots are going to eat the children. So, I want to thank Kevin for educating me on a talking point there. Uh, I'm less concerned

point there. Uh, I'm less concerned about that. A lot less concerned. Uh,

about that. A lot less concerned. Uh,

but I am concerned about some level of death with AI, and that has already begun to happen. There are reports that we use AI in targeting that girl school

in Tehran where we killed over 160 innocent school girls. Uh, so if that's what AI is going to bring us in precision, as Kevin pulled it, called

it, uh, no thank you. I'm not interested in that kind of non-precision. Um, and

and I would much rather have human beings involved in life and death decisions. And I'm super worried that AI

decisions. And I'm super worried that AI is going to be used more in the military and uh, no, I do not trust Palanteer.

Um, so now in terms of universal basic income, I mean, think about it, guys. If

a coder is making $120,000, you know, I I don't know where that puts him in two years in, seven years in, uh, it's a healthy salary. It's not the world's

healthy salary. It's not the world's greatest salary, but it's a good good salary for a middle class person in America. Then you switch to UBI, you'd

America. Then you switch to UBI, you'd be lucky to get 3,000 a month. That's

36,000 a year. You're going to go from 120,000 to 36,000. That is going to be devastating. Even if you magically got

devastating. Even if you magically got universal basic income passed in America immediately as the wave of unemployment hit, but I don't think that's going to happen either. So, is the wave of

happen either. So, is the wave of unemployment going to hit? Well, if you notice, Kevin actually didn't address that at all. uh because there's no question that it's going to happen. That

is why literally every CEO of the AI companies is saying, well, you know, our product is great and you should value us at a trillion dollars or so. Uh but

yeah, you're all going to be fired. And

and that's inescapable. It's already

begun. The coders have already started getting fired, especially young coders.

Uh they feel totally betrayed. They have

to find a new line of work. But maybe

that's a little bit easier for them because they're young and they're smart and they're professionals, etc. Uh, and there's a lot of smart folks, but getting a new profession at the age of 58, 62, what if you're a truck driver?

Um, and so I'm not saying that the Whimos don't work better. I actually

would trust a Whimo more than I would trust a human driver. But nevertheless,

that car no longer has a driver that it did when it was a taxi or an Uber or a lift. And I understand that change

lift. And I understand that change happens. And look, I'm a progressive.

happens. And look, I'm a progressive.

for change politically, for massive change. I thought Obama did comically

change. I thought Obama did comically little change. Um, but we have to be

little change. Um, but we have to be careful with change. So, which direction is it going to go and how are we going to handle it? Right now, I think Wall Street has lost its mind. How could we

be at record numbers? Who do you think's going to buy your products? So, this guy named Nick Hanower, there's a lot of folks who believe in this, but he's a big advocate of it. really smart guy up in Seattle, also an entrepreneur, also

sold his business and has done well, and he talks about middle out economics. If

we give more advantages to the middle class, they immediately spend their money. If you give it to the rich, which

money. If you give it to the rich, which is what we've done all our lives with this neoliberal nonsense that we've been doing, uh, and trickle down economics, well, they barely spend any of it. So,

giving to the middle is a much better way to go. And of course, the question is, how are you going to do that? And

you don't just want to give away money.

Uh, on the other hand, we give away money to oil companies and big drug companies and every one who's got excellent army of lobbyists in DC, but

we're not ready. And no one on earth has given me a plan for, "Oh, Jen, don't worry. When 10% unemployment hits, which

worry. When 10% unemployment hits, which is at this point almost baked in, completely inevitable, right? Um, what

are we going to do? 10% unemployment

would be worse than anything that's ever happened in our lifetimes, let alone if you get to 25%. Zero plans for it. None.

When that when we hit the iceberg, we're not going to be ready and it is going to be an epic disaster. There isn't going to be anyone to buy your goods because

employees are also customers and you're going to lose a massive amount of customers and it is going to absolutely torpedo our economy. I can't believe how

shortsighted Wall Street is. Now, does

that mean we stop AI in its tracks and we stop change? No, we can't stop because it's it's true that China is also going, Russia is, North Korea is, Israel is.

Now, the problem is if we get it first, then very very likely the Israelis will also have it and God help the world if that's true. Uh they have not been

that's true. Uh they have not been restrained in how they use their power and I wouldn't want them anywhere near that kind of power. But nevertheless,

there is a race. So

we can't just stop. So can we do the race in a way that is responsible and actually serves the American voters and citizens instead of just serving the

executives of the AI companies and the shareholders of the AI companies? I hope

we can, but we've taken absolutely zero steps in that direction.

So let's get specific, Jenk. What might

that look like to to continue developing this technology but do it in a way that's responsible and benefits everybody? Because this is kind of what

everybody? Because this is kind of what I hear a lot of. I hear from one side people saying we need to carry on going or you know the robots and the kids thing. On the other hand I hear we need

thing. On the other hand I hear we need to be responsible but either side don't tend to be very specific about what their definition of responsible or a

race a responsible race might look like.

So does anyone have any specifics? Jenk.

Yeah. So look, it's a it's a tough uh industry to regulate. I get it. You have

to move fast and regulation usually involves some degree of bureaucracy. Um

but if you have no regulation at all, you will have it run a muck. That's

pretty much guaranteed. And all the leaders of the AI companies say likewise. So um we've got to the problem

likewise. So um we've got to the problem here in America is that it's nearly unsolvable in the window of time that we're talking about because we've lost our democracy in America. But we've

legalized bribery that happened back in Supreme Court decisions in 1976 78 and then of course Citizens United. And so

since we have legalized bribery in this country, there's no way they're going to serve the voters. So whichever AI companies are giving them more money, they're going to serve them. And that's

already begun to happen. And the AI companies have already started getting involved in primaries and eliminating their opponents through money and politics. So, our politicians are deeply

politics. So, our politicians are deeply deeply corrupt in America. Republicans

and Democrats, they almost all serve the donor class. So, we we won't make it.

donor class. So, we we won't make it.

We'll I'm telling you right now, uh we're going to run into the iceberg and it's going to be an epic disaster. The

only hope is electing a smart person who's prepared in 2028. Uh that that can begin to get us on the road. So now when the disaster hits, the AI shareholders

and executives aren't going to like it either because the reaction will likely be tremendous anger. And then someone like me is going to say, "Hey, you know what? Uh why do they get to keep all the

what? Uh why do they get to keep all the money and you're all broke and out of a job? They created this cost which is

job? They created this cost which is unemployment. Why don't they pay for it?

unemployment. Why don't they pay for it?

So why don't we take some of the billions and billions and billions of dollars that these AI companies have made and put it towards their costs, which is the unemployment of the American people. So they could at a

American people. So they could at a minimum fund unemployment insurance and we could make sure that that's very healthy. Uh and we they could begin to

healthy. Uh and we they could begin to fund other things that might actually help other human beings. I know heaven forend that a millionaire or a billionaire should ever help another human being. But if you don't, the

human being. But if you don't, the pitchforks are coming. I'm not a pitchfork guy. I'm I believe in

pitchfork guy. I'm I believe in nonviolence and I always will. Uh but I don't think people get the level of anger that's happening. I'll try to stop it, but the pitchforks will be

significant. And this whole thing of no,

significant. And this whole thing of no, I get all the money and you get nothing.

Will not play well. You can try it, but it will end in disaster.

Kevin, the pitchforks are coming. We're

going to hit an iceberg. And it also sounded like AI is going to ultimately lead to a rise in what sounded like socialism.

Wow. Jake's a real Debbie Downer today.

You know, this has been forecast in the American economy. Every 20 years, it's

American economy. Every 20 years, it's the end of the free world as we know it.

And that's not what happens. Let's go

back and do a little factchecking on Jakester here. First of all, AI

Jakester here. First of all, AI companies lose billions. They don't make any money right now. They're in a race, as we talked about earlier, against China primarily. They're raising a ton

China primarily. They're raising a ton of capital and losing billions every year. We don't know yet how they're

year. We don't know yet how they're going to monetize it, but the market's willing to provide it because they see the productivity opportunity and the cure for cancer and the democracy around

education and productivity for the nation already been proven by record earnings in the S&P of which all 11 sectors have adopted the first wave of

AI to enhance productivity and reduce costs. We don't know yet what new jobs

costs. We don't know yet what new jobs are going to be created. I'll just talk about the ones I'm creating in Utah.

4,000 construction jobs for about nine and a half years highpaying. And another

2,000 engineering and support jobs, extremely highpaying, because what's now a desert will be a data center. not near

anybody's backyard, not replacing farmland, not using any of the water the way the people have been talking about, not taking any energy from Utah, but in

fact contributing to it, not polluting the air because we can't do that without air permits. All of this stuff is a

air permits. All of this stuff is a falsehood. So, what we don't know, and

falsehood. So, what we don't know, and Jake's right about this, is no one ever predicts with a new technology what the

outcome is. So, I'm not a doomer on this

outcome is. So, I'm not a doomer on this stuff. My job here is to maintain a

stuff. My job here is to maintain a direct focus on entrepreneurship, hire as many people as I can because that's what I do. And I take a lot of

flak. I mean, Jake's hitting me hard

flak. I mean, Jake's hitting me hard today and he and I appreciate he's an intelligent guy and he's got an opinion and I'm glad we're in this narrative and having this discourse. It's important,

but let's deal with fact, not rhetoric and not hysteria. Because I

still go back to the robots eating the babies, cuz that's all I all I listen to every day. It's just ludicrous. And I

every day. It's just ludicrous. And I

don't think robots are actually going to do as much as people think or look the way they think. They're not going to be humanoid walking around taking out your garbage. That's not how it's going to

garbage. That's not how it's going to work. Robots have been building cars for

work. Robots have been building cars for decades now and doing other things in medical research and robotics have been used in all kinds of technologies and chipm and everything else but they don't

they don't look like people walking around. So, you know, I I say to myself,

around. So, you know, I I say to myself, we don't know what we don't know, and that's fair. But to say that all of

that's fair. But to say that all of these AI companies are making billions of dollars and something else, and Jake

knows this, most of the taxes in America are paid by the rich people. They pay

their fair share now. So if you take it past 50% like California, like New York, like New Jersey, like Massachusetts in the

Constitution of America with the forethought of the founding fathers, they believed in the competition of states. And so you have people moving

states. And so you have people moving Schultz to Florida, you know, the Google guys to Florida, some have gone to Texas. If you want to steal rich

Texas. If you want to steal rich people's money, go ahead. They'll just

move. And if you really make it difficult for them in every state in America, they'll do what they did in England. They'll find a new America.

England. They'll find a new America.

That's what made America great to over 200 years ago. Taxation.

It doesn't work. The thing about socialism and communism is you run out of other people's money very quickly because they simply leave. The French

figured that out. That's what happened any in England when they raised 90% tax rates. Monaco, I mean, it only exists

rates. Monaco, I mean, it only exists because the French screwed the rich French guys and they all move four miles across the border. It's very simple. You

want to support entrepreneurship and job creation. Only onethird of the

creation. Only onethird of the population in America can be entrepreneurs and they employ the other twothirds. That's the way it's been for

twothirds. That's the way it's been for 200 years and it's a great thing. And I

don't see anybody else investing money anywhere else except America 52% of the time. 52 cents of every dollar on earth

time. 52 cents of every dollar on earth from sovereign wealth comes to America because it has the opportunity. No other

country. I don't see a lot of people saying boy would I like to invest in North Korea. Hey, can you get me into

North Korea. Hey, can you get me into Russia? Is there a Russian fund I can

Russia? Is there a Russian fund I can invest in? Oh, can I invest in Cuba? I

invest in? Oh, can I invest in Cuba? I

don't think so. I don't want to put my money there for retirement. That's why

I'm talking about this. The facts are the facts. Get over it. Inhale.

the facts. Get over it. Inhale.

Everybody chillax and let's keep the American dream going.

Jen, I'll get your response to that.

Many things said there. I mean, the core argument there is if you try and tax rich people, they're going to leave and go somewhere else and, you know, we might end up like Cuba.

Yeah. So, I did I miss this meme about the robots eating the kids because I don't know why they I love the robots eating the kids. I

just don't think it's going to happen.

I don't think anybody thinks it's going to happen. It sounds like it was made

to happen. It sounds like it was made up. Um, okay. So, there's some

up. Um, okay. So, there's some fear-mongering about robots eating kids and how America's going to turn communist or something. No, no, no.

Look, as I said, we're capitalists.

We're just trying to figure out what's the best way to do this. Capitalism

isn't supposed to be let's crush the average guy and make sure the corporate CEOs get everything. I'm a corporate CEO, but it's not right and it's not balanced and it's not American. The

American way is to make sure that we build a super strong middle class that are great, productive citizens, voters, and by the way, consumers, right? And so

if we lose track of that, then we're all going to be doomed. So, like Kevin's so worried that somebody's going to take his money. And it's not just Kevin. They

his money. And it's not just Kevin. They

always like threaten us like, "Oh, oh yeah, we'll leave. I mean, don't threaten me with a good time." Uh, but but beyond that, okay, but beyond that, Kevin, that's not

going to be your main problem. When you

don't have any consumers, that's going to be your main problem. You have to protect the American middle class. That,

you know, you could argue that's the goose that lays the golden eggs. And you

guys keep chipping away and chipping away at that middle class. And so right now, Stephen, this late into the conversation, still no plans on what to

do with inevitable massive unemployment.

And what I'm telling you is we're not going to go necessarily to communism, but we are going to wonder, wait, why is everyone unemployed and and only a couple of people have reaped billions or

trillions of dollars? So, and and and come on, Kevin. You know, you know how uh the economy works and the markets work. Yes, you invest into it in the

work. Yes, you invest into it in the beginning and that's why right now they're theoretically losing billions of dollars. Same exact thing that happened

dollars. Same exact thing that happened to Amazon. And then later you make

to Amazon. And then later you make billions and maybe even trillions.

That's why their stock prices are so high. And so they're powered by that

high. And so they're powered by that investment and later they'll reap the rewards. And when they reap those

rewards. And when they reap those rewards, it's fair to ask who got you those rewards. It's not to say that the

those rewards. It's not to say that the entrepreneurs didn't and the employees and the shareholders of those companies didn't, but there were other factors involved, including all the American government and the American people that

supported the infrastructure that made that happen. That conversation is going

that happen. That conversation is going to be inevitable when we have tens of millions of people unemployed. And and

guys, there's one other factor that's involved there. When you have a lot of

involved there. When you have a lot of unemployed young men sitting around, usually what happens is nothing good.

Wars happen, crime goes up. We have to be prepared. And all I'm hearing from

be prepared. And all I'm hearing from the AI industry is like, as Kevin said, chillax. Don't sweat it, bro. Don't

chillax. Don't sweat it, bro. Don't

worry. We're going to have all the money and then you guys, I don't know, you'll figure it out and I'll be in Monaco.

Monaco. That was hilarious. Monaco.

So maybe that's where the child eating robots are. Uh, so Kevin, be careful.

robots are. Uh, so Kevin, be careful.

Kevin, your thoughts on that? No. No.

there's, you know, saying there's no answers and we're we're being asked to just chillax. I think Kevin, you do

just chillax. I think Kevin, you do acknowledge that there will be a change in the occupation mix in America, right?

Even as a a founder and CEO myself and as a business owner that employs hundreds of people, I am thinking differently about especially entry- level positions in a way that I wasn't honestly 6 months ago before some of the

models got more advanced, especially as it relates to things like coding. But

I'm thinking very, very differently about who to hire. And actually, one of the things I find myself naturally doing is the person that still is on the coldface of hiring in my company is when I see entry- level positions, the first

thing I'm looking for is if they have an AI proficiency. And there are candidates

AI proficiency. And there are candidates now, even for me at entry- level positions that I'm not selecting for because I realize that someone with an AI proficiency in that exact same role

is now like a five or 10x person. And so

I I'm just experiencing myself making different hiring decisions as a founder.

And I'm I'm sure you are as well. People

think that engineers are going to be replaced by AI codew writing. Uh claude

is one of the tools being used right now. But actually most engineers aren't

now. But actually most engineers aren't hired to write code. They're hired to solve problems. They use code to try and solve those problems. So you know

companies that have been firing people, everybody's attributing it to AI. It's

not true. There's been a lot of fat in a lot of these companies that hired trying to assume what would happen next. They

got it wrong. So I don't think we've yet seen what the outcome's going to be. I

tend to be the optimist as I talked about other technologies in the past being loathed for the fact that they cause disruption. There is no question

cause disruption. There is no question AI is disruptive.

Um Kevin, did you see this week Figure AI, which is one of the humanoid robot companies, did a live stream for I think it was four days where they just showed

a robot um on a sort of factory floor sorting out parcels for four straight days and it it did it better and faster than humans doing it. This was a humanoid robot. And so the one of the

humanoid robot. And so the one of the things I think about is if you listen to someone like Elon Musk who's made a prediction, this is a direct quote from him. My prediction is that there will be

him. My prediction is that there will be far far more robots like intelligent robots in the world than there will be people. Long term I think the ratio of

people. Long term I think the ratio of humanoid robots will be more like 2:1.

There might be two humanoid robots or more for every one human. And when you when you think about Elon Musk's predictions over time, to his credit, sometimes his time frames are wrong. But

when he says the rocket is going to land on the chopsticks, the rocket eventually lands on the chopsticks. when he says, "My car in LA, my Tesla, will eventually drive itself without me interfering,"

the car eventually drives itself. So,

with Elon's track record in predicting what he'll be able to do with technology, I think he's got a pretty solid track record. So, when he says these humanoid robots are going to be

better at surgery or cleaning or whatever than humans in short order, sometimes predicting, you know, time frames of 2027, 2028, I tend to believe

him. Is he lying? Because if he's

him. Is he lying? Because if he's telling the truth, what we're seeing is both the disruption of intelligence, but also, one could say, the disruption of our muscles at the same time. And I

can't think of a comparable like the industrial revolution where humans like two real um sort of professional productivity driving forces of their

brains and their their physicality are being disrupted at the same time. And

just to give you another story to overlay onto this, my co-founder and my company called Third Webb, big company, we've raised 30 odd million dollars.

It's out in San Francisco. I went down to his his uh entrepreneurship accelerator. I've not been there in 2

accelerator. I've not been there in 2 years. And I I arrived and I was like,

years. And I I arrived and I was like, "Why is everyone building robotics?" And

he said to me, he goes, "Stephen, the robot pieces have been here for decades.

We've always had them. What we've been missing and the expensive part was the intelligence." And he tooured me through

intelligence." And he tooured me through this 40,000 square ft um building called Ethink down in San Francisco. And I saw a robot cooking with a robot arm making

food. I saw a robot making perfume for

food. I saw a robot making perfume for you. Whatever perfume you wanted, this

you. Whatever perfume you wanted, this big machine that just makes it for you.

And he says, because we've got intelligence and we've always had the machinery, there's going to be this huge explosion of robotics that we've always been waiting for. Intelligence was the missing piece. And now he says it costs

missing piece. And now he says it costs pennies and everyone there is building, not software anymore. They're all

building robotics. And so for me, I was like wow the future's going to look very, very different, I think, in short order than the past. And I'm just a realist. So,

the past. And I'm just a realist. So,

I'm not trying to be pessimistic or optimistic. I think there's truth on

optimistic. I think there's truth on both sides. But Kevin, do you

both sides. But Kevin, do you acknowledge that the jobs that we have today in large part are going to go away.

Yeah. You know, I don't think um shaking a perfume bottle is a great job for anybody, but I do think, and I'll give you two examples, cuz maybe you're right about Elon, he doesn't get a big chunk

of his stock unless he populates Mars with a million people. NASA announced 6 hours ago that they're going to put a permanent

plant there on the moon, an established base on the moon. Can you imagine the hundreds of thousands of jobs just those

two activities are going to create to actually execute on that highpaying jobs engineers analysts coders everything the

manufacturing of facilities to take to Mars to take to the moon I mean everybody wants to talk about the guy shaking perfume bottles losing his job when you're talking about millions of

jobs on new opportunities for mankind that no one even could think about 24 months ago that have been announced today. So, you either have to be a

today. So, you either have to be a jaker, a doomser, like you know, it's the end of the free world as we know it and we're all going to be eaten by robots or you're in my camp saying the

opportunity is so bright I got to wear shades. I got to buy more sunglasses for

shades. I got to buy more sunglasses for how bright the future is. This is an unbelievable opportunity we're talking about. And we're not wiping out jobs.

about. And we're not wiping out jobs.

We're creating new jobs that are very highpaying and really interesting for people to do. Imagine somebody working on the Mars project or putting data

centers in space or expanding the telecommunications on Starlink. I mean,

these are the future jobs. No, you know, I think the person that was born to shake perfume would rather have a job getting people onto the moon.

Just on this point, Elon, you mentioned Elon's pay packet. Part of that is he gets that big payout if there are a hundred uh sorry, a million humanoid robots um in very short order. And when

we think about who you might want to send to Mars, a super intelligent humanoid robot is probably much easier to send than a biological human being for v various reasons to do with

atmospheric pressure. But if if he's

atmospheric pressure. But if if he's right on both counts on both this journey to Mars and humanoid robots, presumably it'll be the humanoid robots going. I just wanted Kevin, can you tell

going. I just wanted Kevin, can you tell me how you might be wrong? I think

that's quite important because I think it it it shows your ability to see both sides of the argument. Is there a case where you could be wrong about this about this unemployment issue?

No. How about that for an answer, Jen?

Yeah. So, look, I shouldn't laugh too hard because I'm trying to answer that same question in my head. And Stephen,

it's hard to uh answer it from my perspective because the interregnum is just unaccounted for. So, here's what I mean by that. So, even if we have

Kevin's beautiful uh sunshine scenario, none of the robots ever eat the children. I don't know why that keeps

children. I don't know why that keeps coming back in, but anyway. Um so and and we create all these wonderful jobs in in some uh distant future. Well,

okay. Yes. But the nevertheless, the truck driver and the assembly line guy and all those folks already lost their jobs. And the guy who lost his job on an

jobs. And the guy who lost his job on an assembly line in Cleveland is not going to be able to become the engineer who figures out how to get on Mars. So, it's

not that he's not capable of it. he's

just 61 years old and he he can't learn a whole new profession. So this is an unrealistic conversation. So even if all

unrealistic conversation. So even if all of the wonderful scenarios about AI are true, it would take minimum 20 years to get to this place where the robots are

running everything, we all have leisure time and we just can't figure out what to do with ourselves and we decide how to get to Venus and and Uranus and

wherever else you want to go. Okay. But

in the meanwhile, in those 20 years, we had massive waves of unemployment. It is

indisputable. Even as Kevin explains it, he says, "Well, you know, you're not going to be doing doing the perfume shaking, you're not doing the assembly line, you're not doing the driving, you're not doing this, you're not doing that. All those jobs are going to go."

that. All those jobs are going to go."

And in fact, if you actually just listen to folks on Wall Street, they brag about it nonstop. Oh, we're going to get to,

it nonstop. Oh, we're going to get to, you know, cut 25%. We're going to have synergies. we're going to have cost

synergies. we're going to have cost cutting. And then when people say that,

cutting. And then when people say that, everybody gets the analysts get excited and they're like, "Oh, bye, bye."

They're going to fire all their employees. And then the other guy goes,

employees. And then the other guy goes, "No, no, no. I'm going to fire them even quicker." And they go, "Bye, bye bye."

quicker." And they go, "Bye, bye bye."

And not once have they thought, "Who's going to buy the actual products?" And

they just don't have an answer for that.

So into into there is going to be upheaval, massive upheaval. And it

doesn't And I'm not a doomsday guy. My

god, we have a thing called Operation Hope on on the Young Turks. Um, we our slogan is get caught trying. No, no, I'm an enormously optimistic guy and I think

we can solve these issues, but we got to try to solve them. And I don't see anyone even trying to solve them now again outside of Roana.

Kevin, I spoke to Dra, the CEO of Uber, and I think I'm right in saying that driving is the biggest employer in the world. And when I asked Dra, who's the

world. And when I asked Dra, who's the CEO of Uber, if they're going to um create autonomous vehicles very very quickly to automate the 9.4 million

drivers that they have. He said that they are. And then I asked him the

they are. And then I asked him the question, what will those 9.4 million people do? And his response to me, the

people do? And his response to me, the direct quote is he said, I don't know.

Which is pretty pretty shocking. He also

noted that privately he said, "I have to be honest. AI will replace 9.4 million

be honest. AI will replace 9.4 million jobs at Uber. Tech executives are not being transparent about AI. They talk

behind closed doors about the sheer amount of disruption they anticipate, but they don't talk about it publicly.

Look, I don't think we're going to make any progress, more progress on this issue." So, um, because

issue." So, um, because well, I think I think you're bringing a great point, but the fact is we don't know what comes next. Much of the reason most people haven't posted content or

built their personal brand is because it's hard and it's timeconuming and we're all very very busy and if you've never posted something before there's so many factors in your psychology that

stop you wanting to post what people will think of you am I doing this right is the thing I'm saying absolutely stupid all of these result in paralysis which means you don't post and your feed

goes bare I'm an investor in a company called Stanto which you've probably heard me talk about and what they've been building is this new tool called Stanley that uses AI, looks at your feed, looks at your tone of voice, looks at your history, looks at your best

performing posts, and tells you what you should post, makes those posts for you.

You can also just use it for inspiration. And sometimes what we need

inspiration. And sometimes what we need when we're thinking about doing a post for our social media channels is inspiration. Building an audience has

inspiration. Building an audience has fundamentally changed my life, and I think it could change yours, too. So,

I'm inviting you to give this new tool a shot and let me know what you think. All

you have to do is search coach.stand.sto. store now to get

coach.stand.sto. store now to get started.

Steve, what are you doing?

Uh, just making myself a delicious coffee from the freezer.

From the freezer? Have you not heard about CompTIA?

No.

Oh my gosh, this is going to change your life. Couple of months ago, the founder

life. Couple of months ago, the founder of this business called Matt sent a big shipment of this coffee to our office in London. What most people don't know is

London. What most people don't know is that the processing of coffee takes out a lot of the taste. So, what they do is they flash freeze it at the optimal moment when it's most tasty and they

send you in the post the coffee in these little frozen ice cubes. Now, Matt sent a big shipment to my office. I moved it to the kitchen. I said to the team, "Knock yourselves out." And then I saw so many messages in our Slack channel of

people going, "Oh my god, what the hell is that? It's so delicious." All I have

is that? It's so delicious." All I have to do is pop it out in the morning using the little button on the back of this thing. I pour my hot water in and I mix

thing. I pour my hot water in and I mix it and that is done. You can get $30 off your first order of Cometier coffee if

you go to cometier.com/stephven.

Try it and please Instagram DM me, LinkedIn me and let me know if you love it as much as I do.

One of the things that's probably going to be a disruptor to AI's so I should say America's ability to pursue these technologies is what's going on with president approval ratings at the moment. I've got this uh graph

here in front of me which you you know you don't need to be able to zoom in to see which shows that President Trump's approval rating is declining rapidly in part because of what's going on in the Middle East. I wanted to get um Jenk

Middle East. I wanted to get um Jenk your opinion on what all of this stuff is. As someone like me I don't really

is. As someone like me I don't really know much about politics. I know that there's these midterms coming up in November time in the US, um, which is going to be consequential, but from a

30,000 foot perspective, how do I how do I pass out the truth of this war?

Because Trump seems to be saying different things. Every day there's a

different things. Every day there's a ceasefire with Iran, and then there's and then they're bombing again. I think

2 days ago, they started bombing again, which they call defensive strikes, and then there's a ceasefire, and he says there's a deal about to be done, and then there's some bombing again. The

straight straight of Hormuse is open, then it's closed, then it's I just don't know what the truth is. Chank, in your opinion, what is the truth? What's going

on?

Yeah. So, first let's start with uh the president's polling numbers. Yeah.

They've been uh decimated by this war.

They were already in trouble because the Epstein files and he didn't do anything about affordability. Just gave a massive

about affordability. Just gave a massive tax cut for the rich as usual. Did

whatever Israel wants as usual. Uh and

so now, uh you know, he's eaten into his own base. So, he's barely hanging on to

own base. So, he's barely hanging on to a majority of non-MAGA Republicans that voted for him. Only 53% still support him. He's lost about 20% of hardcore

him. He's lost about 20% of hardcore MAGA. Uh his disapproval numbers are at

MAGA. Uh his disapproval numbers are at record numbers now. Um 68% of the country thinks we're going in the wrong direction. Uh he they about 76% of the

direction. Uh he they about 76% of the country is dissatisfied with how the economy is going. And a lot of that is because of the war. And so the war is

obviously driving up gas prices which is then uh leading to uh inflation in other areas. Of course a lot of things uh use

areas. Of course a lot of things uh use not just oil and gas but fertilizer which has also been blocked uh through the straight of hormuz. So we're we're having an energy crisis um actually

mainly in Asia and Europe uh more so than than even America. So that's why the South Koreans are livid at the Israelis that they're having to cons, you know, conserve gas and go through

lean times because Israel wanted this war and literally no one else on planet Earth did. And so shortages in India and

Earth did. And so shortages in India and this is all before we re-engage and restart the war, which is what I'm afraid is going to come next. So now

it's some folks have a hard time believing this, but we we have to go back to a conversation we had earlier.

Remember in America we legalize bribery.

So um one uh corporation can give to an infinite amount to a super PAC uh corporate interest, lobbyists, individuals. To give you a sense of the

individuals. To give you a sense of the scale of the problem, one family alone uh the Aden family, Miriam and Sheldon Adlesen have given Donald Trump over $317

million in campaign contributions. We

used to have a word for that. It was

called a bribe. And Trump is so accidentally honest on this stuff, he just can't keep anything in his head uh from going outside his mouth. So he has

said, "Oh, Miriam, she cares more about Israel than America, right?" I'm like, "No, that's super awkward." And then he says, "Oh, Sheldon Adlesen used to come in here and tell me what to do all the time." And then I did it, you know, and

time." And then I did it, you know, and I moved the embassy for the Adles, our embassy in Israel. He's just, you know, basically selling off our foreign policy. To be fair to him, almost all of

policy. To be fair to him, almost all of our politicians do that. uh Israel gives to 94% of Congress. So there Israel is not some unique lobbyist that uh

community that is unseen in the world.

No, all the lobbyists do this. That's

why we give $35 billion in uh oil subsidies which they're profitable companies. That makes no sense. Why does

companies. That makes no sense. Why does

an average person have to give money to Exon Mobile? That's insanity. Because

Exon Mobile? That's insanity. Because

big pharma's lobby is so strong, we can't negotiate prices. Now, when it comes to Israel, that's when people lose their minds. And mainstream media goes,

their minds. And mainstream media goes, "Okay, you're right about big farmer.

You're right about big oil and defense contractors and every other lobby. But

if you say the same exact thing about Israel, we'll call you an anti-semite, cancel you, and you're never going to ever get another job again. No criticism

of Israel is allowed without us doing massive oppression inside this country."

So, we've now got Israel that is totally empowered to go, you know, rogue. They

don't follow any laws. They don't follow the laws of war crimes. They've now

invaded Lebanon. They say they're going to take all the way to the Latani River.

They're going to own southern Lebanon.

They've already ethnically cleansed southern Lebanon, moved out a million people to ethnically cleanse Gaza. Netanyahu on tape bragged about,

Gaza. Netanyahu on tape bragged about, oh, we used to have 53% of Gaza after the war. Uh, now we have over 60%. So,

the war. Uh, now we have over 60%. So,

it was to steal land. That's what it was about. It wasn't self-defense. Lebanon's

about. It wasn't self-defense. Lebanon's

not self-defense. Israel invaded them.

Iran's not self-defense. We invaded

Iran. This war was utterly pointless, especially from an American perspective.

Let me tell you what American interests are and what Israeli interests are. And

they're very, very different. And in

America right now, because of we started this war, we need the straight of Hormuz open. That's what's hurting our gas

open. That's what's hurting our gas prices and all of our other prices and affordability, inflation, all of that is connected to the straight of horm. We

didn't have that problem before the war, but now we have it. We've got to open it back up. In order to do that, Iran has

back up. In order to do that, Iran has an enormous amount of leverage. We've

got to make a reasonable peace deal.

Good news. We were about to have one over this weekend. And all we want theoretically is for them to take out their to not make nuclear weapons. And

they've already promised 18 different times that they wouldn't do that. They

did it under the Obama deal. They've

offered it before the war. They've

offered it during the war. So, that is not an issue. And them promising it doesn't mean anything. It has to be verified. So what they're saying is yes,

verified. So what they're saying is yes, we will have international monitors verify that we will not have a weapon.

So that's the only thing that America said they cared about before the war. So

then we're done. And we just killed 49 of their top regime leaders. Trump says

we destroyed their navy, their air force, and everything else. We're done.

We have no American interest in there.

The only interest left is leave, open up the straight of Hormuz so we can get our economy back on track. Israel, on the other hand, has said they would like, and again, this is on tape. Netanyahu

said it. They would like to be the only regional superpower in the Middle East.

In order to do that, they have to destroy every other power in the Middle East. Now, good news for them. They

East. Now, good news for them. They

completely control our Congress and our presidents. So, uh they got us to they

presidents. So, uh they got us to they literally gave us a list after 9/11 of seven countries they wanted us to attack on their behalf. We have attacked all

seven. Iran was the last one on that

seven. Iran was the last one on that list. So they want them destroyed so

list. So they want them destroyed so that they can't fight back when Israel takes more land as they are doing today.

They don't want anyone to be able to defend themselves. They're going to kill

defend themselves. They're going to kill and take land as much as humanly possible. And they want us Americans to

possible. And they want us Americans to pay the bill. They say, "You owe us a genocide. You owe us endless string of

genocide. You owe us endless string of wars. You owe us a global war on

wars. You owe us a global war on terror." No, that was a global war on

terror." No, that was a global war on Israel's neighbors. That cost us $8

Israel's neighbors. That cost us $8 trillion.

We gave $320 billion to Israel so far already. Lifetime. Why? Why? Why don't

already. Lifetime. Why? Why? Why don't

they give us the money back? No. They

say, "You owe us. You owe us. You owe

us. That's why we're in this war." And

by the way, the last thing, Stephen, is while we're all distracted in Iran, Israel has taken southern Lebanon. And

now they're saying they're going to keep it forever. So that was the point of

it forever. So that was the point of this war. 100% Israeli interest, 0%

this war. 100% Israeli interest, 0% American interest. Let's get out of

American interest. Let's get out of there. Let's stop fighting Israel's wars

there. Let's stop fighting Israel's wars for them and come back home.

What about nuclear weapons? One of the pretenses is that they were weeks away from enriching uranium to a point where that weapon could be used.

Yeah. So that's what Netanyahu has been saying for the last 30 years in back in the 1990s. Oh, they're weeks away.

the 1990s. Oh, they're weeks away.

They're weeks away. Do you know and you probably don't know because American media pretty much works for Israel. And

now when I say that guys, those are not hyperbole.

Uh the Israeli lobby donate donates I would say legally bribes like the other lobbies do. 94%

lobbies do. 94% of Congress. Number one lifetime donor

of Congress. Number one lifetime donor to Donald Trump is Israel. Number one

lifetime donor to Joe Biden. Number one

lifetime donor to Hakee Jeff, Chuck Schumer, Mike Johnson. All of our leaders, their number one lifetime donor is Apac and the Israeli lobby. They

completely control our government. And

then our media comes and lies to us and says, "Oh, they're the victims." Well, we have eyes. We saw Gaza. Gaza is

utterly destroyed and Israel did that with our money. That's insane. So, no,

we look, is I don't even think Israel is an ally. I I don't know why in the world

an ally. I I don't know why in the world we would ever serve a foreign nation.

They're treading all over us. They've

taken our sovereignty away. They've

taken our freedom away. And all we have is these dupes in mainstream media telling us about how they're doing self-defense. Well, part of self-defense

self-defense. Well, part of self-defense is I take your land. Currently, they're

taping themselves going into IDF soldiers are going into Lebanese homes, Muslims and Christians, stealing all their property. Then they

put it on online, go a look, we stole other things. Then they destroy the

other things. Then they destroy the homes and they say, "Now this is Israeli territory." That's not self-defense.

territory." That's not self-defense.

That's terrorism. It we are supporting a terrorist nation and we're giving them hundreds of billions of dollars and this isn't even helping Israel. were enabling

their worst instincts and they're getting the whole world to hate them.

How does that help Israel to have the whole world despise you because you're so selfishly driving up everyone's prices and creating endless wars?

Literally, no other country on earth wants this war in Iran to continue other than Israel.

Kevin, you have a different perspective on the um effectiveness and purpose of the the original strikes that Trump did.

Are you supportive of this military operation at large?

Well, you know, I'm not a show for uh any politician. I focus on policy

any politician. I focus on policy because that's ultimately what survives.

Politicians come and go. Policy lingers.

I've always said that and that's as an investor what you have to worry about.

So, um let's talk about the situation in the Middle East for about 49 years. Um

some people would say 60. It depends

what you believed in the early years.

The Persians are were a very advanced society in mathematics, poetry, art, you name it. Uh they're very famous. And

name it. Uh they're very famous. And

then you have this small um I I'm going to call it bad management. I

don't know what else to call it. that

took this society, brutalized the people there, created a million um man army run

by 150,000 people, a super militia um that caused a lot of chaos in that region with proxies uh as people have

been talking about. Um and and the this militia is is paid with cash that's gotten from um the sales of of energy

and they would stop killing their own people if they didn't get paid. So that

the the 150,000 that run that country that brutalize the almost 100 million others. I mean it's a really strange

others. I mean it's a really strange platform that hasn't worked for the people there for 60 years. But it it was tolerated by all the neighbors until 6

months ago. the United Arab Emirates,

months ago. the United Arab Emirates, Bahrain, Qatar, Saudi Arabia, they they wanted to stay out of it because it was, you know, it was relatively calm. Every

6 months the hoodies or one of the uranium proxies would blow up an oil ship kept the insurance premiums 30% higher and then the proverbial poo poo

hit the fan. Now, China, let's get down to business, gets 48% of its energy through that straight, as does many

other Asian countries. So, they, as Jake pointed out, um, uh, you know, basically are underwater.

They don't have energy, Jack, I should say. So, you know, at the end of the day

say. So, you know, at the end of the day here, um, there's a problem. And so,

what's going to happen when this is over? Um, forget about Look, you can't

over? Um, forget about Look, you can't let a You can't let a society that 150 people there say, "Let's kill everybody." I mean, they're on a

everybody." I mean, they're on a different kind of mandate. They they

they're a little a little strange. You

don't want to give those people a nuclear bomb. I don't care who you are.

nuclear bomb. I don't care who you are.

They're just offside. And they they're happy to kill their own people, but I don't want them killing everybody else with interbolistic missiles. So, no,

they can't have 90 pounds of rich uranium. and they're not going to get it

uranium. and they're not going to get it and they're going to keep getting bombed until they give it up. And at some point, somebody in there is going to say, "Whoa, uh, they're really we're getting tenderized in here and we got to

stop this and we got to get the best deal we can." We want to stay in power to keep killing our people as long as we can because we're the 150,000 guys that live very well and everybody else lives

like crap. And that's just the way that

like crap. And that's just the way that society works. And if the people want to

society works. And if the people want to rise up and kill the 150 that are killing them, they will one day. I don't

know. But here's what I think. I think

the actual countries around there are going to end up in the same boat that we have in the Suez and Panama canals where there's a fee to go through, but it's

managed so that no country, including China, gets to run it. And so that has already found peace and all the shipping lanes are open and the insurance rates are normal there. So, if you're Saudi

Arabia, you got let's let's say it costs five billion a month to police the strait. Okay, that's a good number

strait. Okay, that's a good number because I'm probably right, pretty close to it. That's nothing for the UAE and

to it. That's nothing for the UAE and for Saudi Arabia and Qatar, Bahrain.

They're going to need it open. So, if

they have to be like the United Nations for that region and keep it open, that's great. Now, I'm staying long the UAE

great. Now, I'm staying long the UAE because I've invested there in in ADGM.

I have a company there. I've got

employees there. I talk to them every day. I think this is going to end soon.

day. I think this is going to end soon.

But I would like to see it in a way that Iran is isolated. Maybe, you know, they're not they can't control the strait and they can't have the nukes.

Those are the two things that I think have to be resolved. And then if they want to brutalize their people forever, okay, you know, they're going to do that. It's a horrible outcome for those

that. It's a horrible outcome for those people. I feel terrible for them. But

people. I feel terrible for them. But

this outcome is a good one. If we

resolve those two things, new policing of the strait, that would be great because the Chinese need that, they want that. And at some point, they're going

that. And at some point, they're going to squeeze the heads of these Iranian leaders, whoever they are. They keep

getting killed and a new one pops up like whack-a-ole. But that's just the

like whack-a-ole. But that's just the way that regime works. And nobody's

willing to to say, "Look, I I want to take them over because you got the army still being paid." But by blocking that straight for the last 60 days, the the

amount of money they're losing is 210 million US per 24 hours. So at some point, whoever's running the show there

is going to say, "If we can't pay our soldiers to kill our people, we're going to be screwed. They're going to come up to the top of the castle and take Frankenstein out." So we got to make

Frankenstein out." So we got to make sure we cut a deal. That's why I'm optimistic. The price of oil is down

optimistic. The price of oil is down almost 16%. It'll get back near 70. I

almost 16%. It'll get back near 70. I

don't know what that's going to do for the midterms because, you know, yeah, the numbers are terrible, but every incumbent gets screwed in the midterms. It's it's just the nature of how it works. Now, whether they lose the

works. Now, whether they lose the Senate, I don't know. Are they going to lose the House? Who knows? But if

gasoline's back to 70 bucks, we won't be having this narrative about unaffordability around energy in the United States. And you just don't know.

United States. And you just don't know.

But I do know that the status quo because the UAE and Qatar and Bahrain left those Iranians alone until they

rained missiles on them. Now they're

pissed. And so it's not business as usual. And so I think the the winds of

usual. And so I think the the winds of change are going to blow through there.

And maybe the upside is the great Persian people get better leadership because boy, their leaders suck.

Jenk, it sounds like an optimistic um outcome is being forecasted by Kevin and I can see you nodding your head there in a disagreement, shaking your head.

Yeah. So, look, again, I'm normally an optimist here, but we've gotten ourselves uh in some significant ruts here. So, uh first of all, u you know,

here. So, uh first of all, u you know, this whole idea of the Iranian regime is bad. Okay. Yeah, it is. Uh, it's Muslim

bad. Okay. Yeah, it is. Uh, it's Muslim fundamentalist. I don't like

fundamentalist. I don't like fundamentalists of any religion. I'm an

atheist. Uh, you know, they abuse their people and they're corrupt. No question

about it. Netanyahu is corrupt. He's up

on corruption charges that seem to never come. Uh, the Israeli settlers are

come. Uh, the Israeli settlers are religious fundamentalists, biggest lunatics on earth. They think that God said to kill the Palestinians and take their land, and we fund them. We give

them billions of dollars. So, I'm not in favor of any of these uh fundamentalists, no matter what religion they're from. Now, on the issue of

they're from. Now, on the issue of nukes, uh, that you asked about earlier, Stephen, you know that the reason I brought up American media is because they pretty much do nothing but Israeli propaganda, they never clarified to

anyone. You know that Iran doesn't have

anyone. You know that Iran doesn't have a missile that can deliver any warhead to America. It just doesn't. It's that

to America. It just doesn't. It's that

it's never had it. It didn't have it 30 years ago when Netanyahu started saying it. It doesn't have it today. So, and

it. It doesn't have it today. So, and

they never enriched uranium up to 90%, which is where you would have to get it for weapons grade. They get up to about 60% and then we destroy their nuclear facilities and Trump bragged about it and now all that's buried underneath. So

where's the question? They're not even close. And and again they've promised

close. And and again they've promised not only to this repeatedly in negotiations, but the former Grand Ayatoll, the one we murdered, uh had done a fatwa, the most important

religious edict in Shia Islam, when he said we are to never build nukes. So

when they Hamas has something in their charter, the Israelis say oh the charter is the most important thing. Then the

grand ayatollah does a f way import more important than a charter and they go ignore that. Ignore that. No, no, don't

ignore that. Ignore that. No, no, don't ignore that. And why would Iran ever use

ignore that. And why would Iran ever use a nuke? If they use a nuke then we

a nuke? If they use a nuke then we either Israel or us would strike back and would kill 90 million Iranians.

Nobody wants that. They they want you to believe that the Iranians are irrational psychotic terrorists. Boo. They're

psychotic terrorists. Boo. They're

Muslims. Oh, that's super scary, right?

No, there is an irrational government in the Middle East. It's it's Israel.

They're the Iran did not attack a single neighbor. Israel has attacked seven

neighbor. Israel has attacked seven neighbors. Iran hasn't asked us for a

neighbors. Iran hasn't asked us for a single dollar. Israel asked us for

single dollar. Israel asked us for hundreds of billions of dollars. So

there's one country that is constantly attacking their neighbors and taking land. And by the way, the ter the

land. And by the way, the ter the civilian kill ratio of the IDF is 83%.

83% of the people that they kill are civilians. That is higher than Hamas or

civilians. That is higher than Hamas or Hezblah or any terrorist group on earth.

and they kill about a hundred times the civilians of Hamas. So if Hamas is terrorist, it is absolutely indisputable that Israel is a terrorist government.

And yet we're forced to fund that when we don't have any money. They have

universal healthcare. They have free college. They have paid family leave. We

college. They have paid family leave. We

don't have any of that. And then our greedy and corrupt politicians and media tell us that we owe the Israelis more war and more genocide. The reason why I think we're in a lot of trouble here and

it's not going to be easy to resolve is every time we get close to peace.

Netanyahu calls Trump literally happened this weekend. Right after the call,

this weekend. Right after the call, Trump then goes back to wararm mongering. After the call, we bombed

mongering. After the call, we bombed Iran. Israel started heavy bombing of

Iran. Israel started heavy bombing of Lebanon. And then Trump came up with

Lebanon. And then Trump came up with three new totally impossible things.

Give me all the highly arrange enriched uranium on day one. Well, it's buried under the ground. It's going to take months to take out. Uh, number two, uh, you all have to join the Abraham Accords. The Abraham Accords, again,

Accords. The Abraham Accords, again, American media paints it as, oh, this wonderful peace plan. It's no such thing. It's to normalize relations with

thing. It's to normalize relations with Israel and start doing trade with Israel without getting a promise back that they're going to end the occupation. It

is betraying the Palestinians and saying the Israelis can permanently occupy them. By the way, again, never talked

them. By the way, again, never talked about in American media, but I we read a lot of this in the Israeli press and that's why we get a lot of our information on the Young Turks from them because they actually do pretty good

reporting in Israel. And so, uh, one of the things is they believe in Greater Israel. They talk about it all the time.

Israel. They talk about it all the time.

Our press never talks about it, but they do. They know they stole our nuclear

do. They know they stole our nuclear secrets. They know they stole our

secrets. They know they stole our nuclear triggers and our uranium. What

kind of an ally steals all of our material? And and so but last thing,

material? And and so but last thing, Stephen, the most important impossible thing was Netanyahu demanded, he made this public, that everyone else stop fighting except Israel, that they have a

right to keep attacking and invading and taking southern Lebanon. Well, that's

not a peace deal. Nobody's going to sign on to that. So, and and Israel has said no matter what happens, they're going to keep attacking Lebanon. That means even

if Iran and America make a peace deal, Israel will literally ruin it on a first day. So we can't ever get to peace as

day. So we can't ever get to peace as long as we're allies with Israel. It's

literally impossible. They're massive

wararm mongers. And they say we need endless wars. And by the way, it makes

endless wars. And by the way, it makes sense because they're a settler colony.

In order for a settle settler colony to expand, you need permanent war so they can keep taking more land. We shouldn't

be funding these terrorists. We have a way of getting out. This is what you do.

You just say, "Hey, we make a peace deal with Iran. We take Israel out of it.

with Iran. We take Israel out of it.

Israel, you want peace, you have peace.

If you want war, have war with Iran.

It's not our business."

So, what's what what are you predicting, Jenk, is going to happen? What is your prediction?

Disaster. A positive disaster. So,

there's no way we're going to get to peace because Israel says their line in the sand is they're going to keep attacking Lebanon. As long as they keep

attacking Lebanon. As long as they keep attacking Lebanon, Iran is not going to get to a peace deal.

What does disaster mean specifically?

Oh, disaster means we re-engage in the bombing. We have 50,000 ground troops on

bombing. We have 50,000 ground troops on those ships. People forgot that we're

those ships. People forgot that we're there. Of course, it has to be American

there. Of course, it has to be American ground troops. It can't be precious

ground troops. It can't be precious Israeli ground troops because Israeli lives are apparently worth more than American lives if you listen to American politicians. So, we have the ground

politicians. So, we have the ground troops there. We're going to very likely

troops there. We're going to very likely do more disastrous bombing of Iran. And

then Iran is going to bomb the oil and gas fields in of the Gulf countries. And

then not only will gas prices go absolutely through the roof and cause a massive economic recession, perhaps depression worldwide, but on top of

that, then uh they're going to say, "Well, it's not enough. We want more."

And the infrastructure is already destroyed. It's going to take 5 to 10

destroyed. It's going to take 5 to 10 years to rebuild that infrastructure.

They're going to do permanent damage to our economy. Why? They want more land.

our economy. Why? They want more land.

Enough. enough with supporting the terrorists.

Kevin, is it fair to say if you look at what Trump said over since the start of this war that he miscalculated this because he gave us a window of time when it would be over and that window of time is now long gone. And it appears to me

like he thought it would be similar to Venezuela where you could just go in there, boom, boom, boom, regime change, you control the country. But that's

clearly, I mean, just like a logical impartial person, that's kind of like how it looks.

This is different because this war is what I would call the first tech war um ever. A lot of the ordinance being used

ever. A lot of the ordinance being used um is with very advanced GPS systems controlled from space. We've learned

something else uh which is rather interesting. The I learned this from my

interesting. The I learned this from my own employees that are sitting in Abu Dhabi and Dubai. The drones that came over in the first four weeks, those

waves every morning were basically carbon fiber wings with lawnmower engines on them and and very inexpensive

to make about $35,000. and we shot them down or at least the UAE did with American ordinance between a million2

and $3 million per missile on a $35,000 homemade drone. And so it goes back to

homemade drone. And so it goes back to um wow I hope the Pentagon has enough compute power because I wouldn't want that in the hands of the Chinese cuz I I

what I've learned from this conflict and look that you know people dying is horrible period wherever they are it's just horrible but this is not a traditional war. I don't know if there's

traditional war. I don't know if there's going to be boots on the ground by the time this is over. If there's another wave of conflict, it's just going to be more ordinance taking out more

infrastructure until the 150,000 people running the show there say, "Wow, this is really hurting us in terms of maintaining control." I don't see uh a

maintaining control." I don't see uh a boots on the ground invasion. I just see more tenderizing and more tenderizing.

It's expensive because we're on the wrong side of defense. We need the cheap drones. And I think in two years from

drones. And I think in two years from now, from what I see in the development, because I I see these deals all over the place, there's a whole bunch of new tech being developed around drone blocking

technology and very inexpensive versions of what those Iranians built, better than lawnmower engines, though. So, it's

it's going to be pretty interesting in 24 months. I'm not a fan of war, but I

24 months. I'm not a fan of war, but I have a different view of the outcome here. And I think that part of the

here. And I think that part of the world's going to be stabilized and funded by the neighbors there, and probably everybody's better off because the Chinese can't take the pain much

longer. Their oil supplies, both on the

longer. Their oil supplies, both on the water and in storage, are starting to really dwindle. And if I'm the big

really dwindle. And if I'm the big supreme leader there, I'm thinking to myself, I'm going to call those guys in Iran, say, "Okay, big boys, time to settle. We've had enough." Cuz that that

settle. We've had enough." Cuz that that is actually a different view of that policy over there. Because every Asian country is

there. Because every Asian country is hurting. And by the way, in North

hurting. And by the way, in North America, we actually don't have any problems with energy. We have an abundance of it,

energy. We have an abundance of it, including the stuff coming from Canada, the number one import. The problem we have is the price of oil is determined

by world markets. It's a commodity in US dollars. You know, it was 106. Now it's

dollars. You know, it was 106. Now it's

9712, whatever it is trading right now.

Um it's but we're not going to run out of energy in America. That's not going to happen. It's it's the rest of the world

happen. It's it's the rest of the world to the extent that we care about them.

Um we got to resolve this issue. For

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The thing that I think America's at risk of running out of Kevin though is is is patience and uh support. And if you think about the sort of existential risk to Trump, he you know, if you looking at

these numbers, so this this first line you see is his disapproval going up and his approval going down. If I'm the supreme leader in Iran, I go listen, this guy has got I mean there's an

election in 2028 in the United States, this guy has got months. So in terms of you talk about, you know, the art of a deal and doing a good deal. If you know your counterparty in the deal

negotiation literally has months to do a deal or they are going to be thrown out of power, if I'm one of those 150,000 people or the supreme leader, honestly, I'm going to wait it out. I think I have

all the cards. if you have almost no, you know, they can survive. Again, you

said they oppress their people. They

don't seem to have much morality surrounding that. Could they wait it out

surrounding that. Could they wait it out a couple of months knowing that Trump can't because the midterms are coming and then the election's coming. I

think you're making a good point on that one. But I, you know, the one thing I

one. But I, you know, the one thing I would say, Stephen, is that it's not just Trump you're waiting out. You got

Chi, it's it's not just Trump, the big guy. You got two supreme leaders. You

guy. You got two supreme leaders. You

got whoever is running the show this week in Iran and you've got the Chinese leader, the supreme leader. And the only way he gets

supreme leader. And the only way he gets to say the supreme leader is people eat, people have jobs there and his economy

stays buoyant. That's the only way he

stays buoyant. That's the only way he stays in power. So

you're you're serving two masters.

You're you're trying to time the 28 decision you talked about versus how pissed off the big guy is going to get in China. He has no choice. 48% of his

in China. He has no choice. 48% of his energy comes through that straight at some point. I think before November,

some point. I think before November, Elsa primo in China squeezes Iranian heads like teenage pimples. That's what

I think is going to happen. The other

thing just to give you the other thought that's been spiraling in my head since I've interviewed all these people on this subject is that Trump and JD Vance repeatedly say they don't even know who they're negotiating with because they've knocked out every layer it seems of

leadership. They on one hand brag about

leadership. They on one hand brag about that but then I would also suggest that that makes negotiation hard. I think JD Vance actually talked about or Marco Rubio talked about the fact that they

can't get the carrier pigeon to the um Iranian soldiers that are still shooting the missiles. And this talk this speaks

the missiles. And this talk this speaks to the um lack of organization in Iran because you've wiped out all the leadership. So I even wonder if you can

leadership. So I even wonder if you can really do a deal at this point with Iran Jenk.

No, we can remember we almost had a deal this weekend. Uh and the deal is

this weekend. Uh and the deal is actually kind of obvious. Open up the straight of Hormuz. We lift a blockade.

Iran says uh we'll find the highlyenriched uranium and hand it over.

We won't have a weapons program and we'll have international monitors for the uranium that we enrich to just energy levels, not weapons levels. Boom.

Done. Easy. Though, but as I explained before, we can't get it done because Israel says, "No, I want permanent."

How do you know it's Israel? How do you know it's Israel, Jenk?

Yeah, there's no question. So first of all in the before the invasion New York Times with a rare good article that explained uh that Netanyahu and the head of MSAD came into the situation room

Netanyahu physically and head of Mossad uh through a teleconference and they uh told Trump you got to attack you got to attack now and they to they at least as the New York Times describes it they

convinced them. Whether they actually

convinced them. Whether they actually convinced him through language or through money or through blackmail is a whole different question. But uh another thing that's absolutely clear is that

after every call with Netanyahu, Trump goes from saying we're going to have peace to saying we're not going to have peace and we're have these new impossible standards. It's happened

impossible standards. It's happened about half a dozen times so far. It's

super clear that Israel is driving the bus. Plus, you could see it based on the

bus. Plus, you could see it based on the facts on the ground. We have no interest there. We have a deal ready to make for

there. We have a deal ready to make for American interests. Israel says, "No,

American interests. Israel says, "No, we're not done because we need southern Lebanon and we need Iran to be completely decimated." This idea that

completely decimated." This idea that Kevin's talking about, to be fair to Kevin, almost everybody in in America thinks in this, well, now to be unfair to Kevin, this fantasy world where the

regime in Iran is just going to give up.

It's never going to happen. We already

tried to regime change it. It it didn't work at all. They have an enormous infrastructure set up so it doesn't really matter how many people you knock off at the top, somebody else rises up,

somebody else rises up out of that 150,000 people that that Kevin's talking about. Now, China, he's got a theory

about. Now, China, he's got a theory that maybe China puts pressure on him.

That's not a crazy theory. I get it. At

the same time, China's looking at Russia and America and going, "Look at these schmucks. Russia is wasting their entire

schmucks. Russia is wasting their entire military and resources in Ukraine. And

now America's totally wasting their military and resources in Iran. And

these two other knuckleheads keep punching themselves in the face.

Meanwhile, we haven't started any wars if you're China. And so we haven't had any of those costs. We haven't had any of those troubles. We don't have that PR problem. So when we go into Africa or

problem. So when we go into Africa or Latin America and we say, "Hey, you know what? We're going to build roads and

what? We're going to build roads and bridges for you guys and America's going to come and bomb you. So which one do you want to do a deal with?" Now a lot of them are saying, "No, we want to do a deal with China." because they don't do

war. Uh instead they build

war. Uh instead they build infrastructure. Look, it just is a

infrastructure. Look, it just is a business strategy, an economic strategy that is much much smarter. But we can't go into a smart strategy because Israel won't let us. Every time we go towards

peace, Israel blocks it. And today, this weekend, we had both Republicans and Democrats go out and say we shouldn't do the peace deal. You want to know what the one connective tissue? Every one of

those politicians had over a million dollars given to them by the Israeli lobby. So that's just the stone cold

lobby. So that's just the stone cold reality of it. And so in terms of energy here at home, Kevin says we're not going to run out. But he also acknowledged that no, wait a minute, that has nothing

to do with anything. We oil goes into a world market and it is controlled by world prices. So the fact that we are

world prices. So the fact that we are so-called energy independent means nothing. That's not even our oil or gas.

nothing. That's not even our oil or gas.

It's Exon Mobile and Chevrons. So they

could sell it anywhere they want and they do sell it anywhere they want. The

only way to get them to sell it exclusively in America is to do socialism and say you're not allowed to sell that oil anywhere else. I don't

think Kevin wants that. So that means we are definitely not energyindependent. We

are definitely tied to global oil prices and that means again more disaster. When

you get to tech, oh my god, the Israelis used AI in Gaza. They did this uh program called Where's Daddy. AI would

pick a target uh that was maybe connected to someone in Hamas at some point, but they did, you know, he called this guy and the other guy called other guy and that lady now has a cell phone.

Good enough. But they would wait till their target went home so they would bomb the house and kill their entire family. If that's the future of tech in

family. If that's the future of tech in the military, we're all doomed. So,

they've been testing all of this stuff in Gaza and now they're doing in Iran.

What I'm worried about is what Larry Ellison said. He said, "Oh, we now can

Ellison said. He said, "Oh, we now can track all citizens anywhere and we're going to bring that technology to America." I don't want their

America." I don't want their surveillance state. I don't want

surveillance state. I don't want anything to do with the Israelis. Let's

just come home and serve American interest. That's what I keep. That's But

interest. That's what I keep. That's But

the good news, Stephen, is almost all the voters agree. 80% of Democrats now have a negative view of Israel and say, "No, take care of American voters first.

When you get to under 50 years old in all parties, Israel now has a negative 45 rating." The only people left in this

45 rating." The only people left in this country who still want to serve Israel are our politicians and our media.

That's it. The rest of us can't stand them anymore and the endless wars they drag us into and all the money they take from us. And Kevin, as a businessman,

from us. And Kevin, as a businessman, what are we doing? Why are we letting this country the size of their population is the equivalent of Papa New Guinea lead us around by the nose and get us into endless wars? You know, this

war in Iran isn't helping us. And and if they continue and they bomb the infrastructure in Iran and the Gulf countries, you know, it's going to take 5 to 10 years to rebuild and it is going

to be a global economic disaster. What

are we doing? We got to get rid of the Israelis. I don't mean that in a

Israelis. I don't mean that in a physical way. Just get them out of our

physical way. Just get them out of our government and make decisions based on what's good for America. will be 10,000 times better off and then we could end the war.

I think if there was a path to peace in the Middle East, it's one of the largest consumer markets on earth. Just Iran

itself has 100 million people. They buy

stuff. And you know, I think about the future of a global economy. If there was stability there, uh including peace with Israel and their neighbors, that would

be an amazing market, a huge market. And

one of the reasons that people like me keep a foothold or a footprint in the UAE, it is and was the capital of capital until nine weeks ago. And I

think it'll return at some point. That's

a the size of the market in Egypt, Jordan, Sudan, Saudi Arabia, I mean, and Iran are they're just huge. And those

people want stuff that we make. I mean,

you know, it's that pragmatic. It's that

So, if you could have peace and stabilize and you want to sell stuff, that's a massive market. And and I, you know, that's why I remain an optimist on how this gets resolved because at the

end of the day, it doesn't matter what religion you are or, you know, what country you're in or what geography you came from. Most people, and I would say

came from. Most people, and I would say 99% want to raise a family, have a job, and enjoy life. they don't want to get blown up. And so I'm I'm kind of an

blown up. And so I'm I'm kind of an optimist that it's in everybody's interest to solve this. It's kind of like the the human condition is I'd like

to get, you know, I'd like to form a family unit and I'd like to live a peaceful life and I'd like to buy stuff.

I want to be a consumer. So I'm uh in the camp that says, look, I don't know how this thing gets resolved. Nobody

does. I'm disappointed that there's no peace deal this weekend, but hopefully there'll be one soon. But in the end, most people want peace, period. Unless

you're, you know, you're crazed as a crazed leader and you just want to kill everybody. Those people don't last that

everybody. Those people don't last that long. They don't seem to, well, they're

long. They don't seem to, well, they're certainly not lasting that long in Iran right now, but you're right. They keep

popping up. But at some point, I don't know. I think uh peace is a better deal

know. I think uh peace is a better deal for everybody. There should be a button

for everybody. There should be a button just down below here. And if it says subscribed, you're already subscribed.

If it says subscriber, that means you're not yet. And if you're not subscribed,

not yet. And if you're not subscribed, please could you do us a favor and hit that button? It helps the show more than

that button? It helps the show more than you know. And according to the

you know. And according to the algorithm, you're someone that watches our show, but you haven't yet hit that button. Thank you so much, Kevin. Um,

button. Thank you so much, Kevin. Um,

based on that, based on both our conversation on AI and also how unpopular this war is, what we're seeing across the world at the moment is this rise in socialism in Western markets.

We're seeing it in the UK. We're seeing

it around Europe. And we're also seeing it in the United States. Positive views

of capitalism amongst all Americans has dropped to an all-time low according to a poll done by Gallup. Um, a massive almost 70% of Democrats now view socialism positively with only 40%

roughly view capitalism favorably. And

again, this was at the end of last year, so these stats aren't even factoring in the war. And a staggering 62% of young

the war. And a staggering 62% of young Americans hold a favorable view of socialism as well. So, as we head towards the midterms, but also the elections, which I'm not actually that far away now. It's quite clear to me, as

someone that, you know, I I'm an entrepreneur in the United States. I I

live in Los Angeles, as you know. Um I

build businesses. It's quite clear to me that we're on the verge of a very different type of America. And we've

seen, you know, um Zhan Mandani be elected in New York, and we're seeing this sort of socialistic nar narrative spread like wildfire. I think heavily fueled by both wars, but also by

technology, AI, and sort of wealth inequality. Do you agree that if things

inequality. Do you agree that if things continue on this trajectory, we're heading towards a more socialist America?

No. What I agree on is I'm I'm a history buff. Um you can go back into the uh 40s

buff. Um you can go back into the uh 40s and 50s. It seems every 17 to 20 years

and 50s. It seems every 17 to 20 years we take um a dip back into socialism and back in those days communism even in New

York in Brooklyn longing for what the Soviet Union had or Cuba had in its heyday. Um and then the outcome is

heyday. Um and then the outcome is always the same. It doesn't work. And so

it it really you have all these different ideas about how a country should run and what works best for all the faults that US has now and the

debates we have and you know AOC and Bernie Sanders and Elizabeth Warren and all this rhetoric and I get it. I mean

they're they're very successful politicians. I love AOC. She just spews

politicians. I love AOC. She just spews out stuff and raises five bucks at a time. You know it's smart. It's a great

time. You know it's smart. It's a great social media strategy. And same with Bernie. I mean, the guy But will she be

Bernie. I mean, the guy But will she be president of the United States? I don't

think so. And will Bernie get there? No.

Why does everybody leave Massachusetts, including my son, because you can't raise any money there to start a company? The super tax is stupid. And

company? The super tax is stupid. And

so, it it's sort of it's it's a it's a it's a mixing pot of ideas and competition. But in the end, and I

competition. But in the end, and I always say this to my students because I I what I find so interesting about, you know, a 20 a cohort of 23 year olds that

I teach in in business classes and injury classes, they're all socialists, all of them, until they get their first paycheck. Then they become capitalists

paycheck. Then they become capitalists when they see something called tax. And

they wonder, "Wait a second, wait a second. Where'd half my salary go?

second. Where'd half my salary go?

What's this?" And I say, "That's tax."

Now, if you want it to be 80% tax, you follow that trail that you had before I started teaching you, you were a socialist. And now, what are you? Well,

socialist. And now, what are you? Well,

I can't pay 50% tax. No kidding. Well,

move to Austin, move to Tennessee, you move to Florida like everybody else is doing, and you'll pay 16%. And so I love the fact that everybody's an idealist socialist

until they get their first paycheck. And

that's how America works. It's a

wonderful thing. And I say it's good because you all everybody has a vote. We

continue to believe in that. And I think the debate rages on and it's great. And

everybody has an opinion. I have mine, others have theirs. And I love to be part of this course. You know, one of the reasons I keep doing what I do is I love to get into the with everybody. I like to say the things I

everybody. I like to say the things I say cuz I really believe them and I've been there before. I'm wise. I've seen

this movie before. That's what I tell my students and it freaks them out.

Just a yes or no answer in this question. So in 2028, do you think

question. So in 2028, do you think another capitalistic sort of focused candidate will win the election or do you think a Democrat or a socialist will? I don't think

socialist will? I don't think socialism's going to is socialism going to make it in America at the uh in the office of the White House. I think the pendulum always swings. The Biden

administration went way too far in one direction. It snapped back. Now you

direction. It snapped back. Now you

might argue it went too far the other way and it snaps back. The whole idea of midterm gives you the smell test of the direction which is coming up just months

away and then you'll see who emerges. I

don't think we know who the next president of the United States is going to be, him or her. We don't know who's going to emerge.

What's your sense though, Kevin? You're

you're a predict you're a man that makes predictions. Is it Democrat or is it

predictions. Is it Democrat or is it Republican in your view? Got to give me a straight answer here.

I I I wouldn't even make that guess.

It's It's so difficult. I really don't know. I I I really think that in my

know. I I I really think that in my view, the Democrats have lost their way.

I would like to see them find a new leader that's more moderate.

I don't think you can spew socialism and get elected. You got to find somebody

get elected. You got to find somebody that is in the middle that is more pragmatic about providing jobs. I mean,

look at California. What a mess that place is. It's just they may actually

place is. It's just they may actually they may hire a Republican mayor out there. I mean, that's going to be a

there. I mean, that's going to be a shakaroo for LA. But it's gotten pretty bad. I work out there. It's a you can't

bad. I work out there. It's a you can't even wear your watch at daytime anymore.

I mean, it That's true.

It's a mess. It's a mess. It's a a lawless wasteland. It has poor

lawless wasteland. It has poor management, no executional skills with the politicians. I mean, you know,

the politicians. I mean, you know, you're lucky to be You work there. You

know what I'm talking about.

Jenk, what's your point of view on that socialism? Is it coming to America

socialism? Is it coming to America midterms 2028?

It's a lot to talk about there. So,

look, I I'm not a fan of Karen Bass. I

voted against her before. I probably

vote against her again in this mayor's race. Uh, and so I think that sometimes

race. Uh, and so I think that sometimes Democrats, uh, like to get mired in their bureaucracy and not push for enough change. So, uh, so I'm not a

enough change. So, uh, so I'm not a person who just, uh, supports Democrats no matter what. In fact, I criticize Democrats a lot on the Young Turks. Uh,

but no, you're not going to get your watch stolen in LA. Uh, I have a family.

We go out all the time. It's perfectly

safe. Uh, so for a little while between 2019 and 2023, crime really did rise in some of the big cities. We talked about on the air. were very honest about it.

It took some heat from the left on it, but crime's gone down significantly in 24 and 25. So, I don't think those are real issues anymore. In terms of uh our economic model, we need a couple of

clarifications here. So, as I said

clarifications here. So, as I said earlier, we we really do corporatism in America. And another word for that or

America. And another word for that or phrase for it is crony capitalism. So,

we'd be lucky to get back to capitalism, let alone going all the way to socialism because right now we don't have capitalism. We don't have free markets.

capitalism. We don't have free markets.

We have uh every industry has captured the government. They've bribed all of

the government. They've bribed all of our politicians. We can't negotiate

our politicians. We can't negotiate prices. Uh these are the I mean that is

prices. Uh these are the I mean that is the most socialist thing I've ever heard except socialism for corporations. It's

mindbending. And that's and that's what corporism is. It's totally run a muck

corporism is. It's totally run a muck now. And why is that? Because of money

now. And why is that? Because of money and politics. So in order to fix all of

and politics. So in order to fix all of these problems and to get back to real free markets and capitalism, you have got to get the money out of politics. If

you don't do that, you're just on a treadmill of corruption and it never ends. And you get BS guys like Biden and

ends. And you get BS guys like Biden and Trump who come in and tell you that they're going to drain the swamp and then they fill it up even more and even more. So they and they serve all their

more. So they and they serve all their donors. So in terms of socialism, we

donors. So in terms of socialism, we never define what it means. The reality

is most governments are mixed economies.

Not most governments, almost all governments are mixed economies. So when

we say socialism, are we talking about Cuba or are we talking about the Netherlands? Because you could argue

Netherlands? Because you could argue that Northern Europe does socialism. Uh

they have a lot more things that are public rather than private. But do they have private businesses? Of course they do. Right? So I would argue that

do. Right? So I would argue that democratic capitalism is the right way to go where we have capitalism, but it is checked by democracy. the CEOs and the shareholders look out for the companies and the legislators and the

president and the prime ministers are supposed to look out for the citizens and check the corporations so they don't run a muck. I think Northern Europe's probably pretty close to that. In terms

of candidates here in America, again, I'd have to say Roana is probably the closest one to that. And so if you go too far left, um I get it that that's

hard, especially on identity politics, which again we're not a fan of on the Young Turks and we don't think that's the right direction to go and it just divides our country. Uh so I don't think

that that type of far-left candidate can can win a national election. But after

what Trump does this to this country, what he's already done to this country, Republicans, I have one thing to tell you. N

you. N there's no way. The the midterms are gone. Nobody's showing up to vote. Their

gone. Nobody's showing up to vote. Their

voter enthusiasm is gone, obliterated.

And by 2028, we're going to have the disaster from the war and disaster from AI, unemployment. So they they only have

AI, unemployment. So they they only have one guy who could win, and I'm worried about it, and that's Tucker Carlson. If

Tucker runs in the Republican primary, he definitely wins that primary. You can

quote me on it. And then you could have Kevin laughing and you could rerun that tape. It'll be great. In fact, back in

tape. It'll be great. In fact, back in 2016, I was on ABC's This Week with Stephanopoulos. They asked the whole

Stephanopoulos. They asked the whole panel who's going to win. At that point, they just won the Democratic National Convention and Hillary Clinton had a 10-point lead. I was the only one on the

10-point lead. I was the only one on the panel to say Donald Trump was going to win. And they all laughed out loud.

win. And they all laughed out loud.

Populists win. The people chasing after the donors, whether it's Israel or Big Farmer or any of the other donors, then nobody nobody likes those people. Kla

Harris lost because she was bragging about how she had 90 corporate CEOs on her side. I got bad news for her. Nobody

her side. I got bad news for her. Nobody

likes corporate CEOs. Sorry Kevin. Sorry

me. But the reality is that's what every poll shows. It is deeply deeply

poll shows. It is deeply deeply unpopular and these days it's pretty merited. So if if you've got someone in

merited. So if if you've got someone in the right lane, which is Democratic capitalism, I think they win.

We just got two minutes left. Kevin, uh

you laughed there at the suggestion that Tucker Carlson might win.

I know Tucker. I just did a thing with him this week. It was really interesting because he's taken a a very um uh controversial view about AI and that's

the debate we had. And he has obviously shifted his focus uh from being proTrump to something else. But you know, I have to admit when I think about it, that is

a possibility if he would uh align himself. I'm not sure what party he

himself. I'm not sure what party he represents anymore. I think he is a

represents anymore. I think he is a selfproclaimed Republican, but um that's interesting idea. The more I think about

interesting idea. The more I think about it, I can't I can't I I know I laughed at it, but I've been thinking about it for the last couple of minutes. Yeah. I

mean, the guy has a massive base. Um he

has a his own network now, which is something you kind of need these days in. Uh you need a really strong social

in. Uh you need a really strong social media base to play um in politics and and to and to fight the fights in the seven states. you really got to have a

seven states. you really got to have a good organization on social. So, I mean, I think it's going to be fascinating.

Um, I think we'll get a pretty good indication of what the themes will be in November. Uh, affordability obviously

November. Uh, affordability obviously remains a big one. Um, border remains a big one in in the US, but AI could

emerge as as a big one too. I mean it maybe but I I think by then um I always look at these big you know AI kind of burst on the theme but it's not

really about data centers and power it's about jobs I think is where it's going and I don't know if that gets resolved by you can always be a fear mongerer

about the robots eating the babies and maybe that is an election issue. I don't

know. We'll see. It's going to be interesting though cuz it it wasn't an issue until 6 months ago. Jen, last word before we close out.

Yeah. So, look, I don't think that a pro-Israel candidate can win. Uh, and

so, but all of our politicians are trained to be pro-Israel. And

apparently, they have trouble reading polls. So, uh, I think that that, you

polls. So, uh, I think that that, you know, a populist right versus populist left would in a sense be a dream. Um,

because either way, you hope that they I mean, the key has to be that they have to be real. I mean, we're so tired of these fake politicians in America. They

never do what they say they're going to do. They always back the donors. But if

do. They always back the donors. But if

you got two honest guys, and by the way, maybe it's Kana versus Massie, and that would be amazing. Or maybe it's Kana and Massie, but there's two guys who were clearly honest in Congress, and you

know, I can name Bernie as my third. I'm

going to struggle on the fourth one. So,

there aren't that many choices. So, and

maybe we go populist, we go independent, and we go in a new direction because God knows that America needs a new direction.

Kevin Jenk, thank you so much for the time. Um, I've been a fan of both of you

time. Um, I've been a fan of both of you for many, many, many years. I was saying to Jenk before we started recording that I think I've watched The Young Tuck since I was 19. And when I say watched, I mean really, really watched, not not casually saw it, but I would watch it

almost daily when I was going through uh building my businesses and sort of coming into the professional world. So,

thank you so much, Jen. It's a pleasure to have spent this time with you and Kevin. Again, I've been, you know, my my

Kevin. Again, I've been, you know, my my my favorite shark for I think 15 years now. Um, for many, many, many reasons.

now. Um, for many, many, many reasons.

Thank you to both of you. Um, I really, really appreciate it. And hopefully

we'll have this discussion again soon once all of this plays out because the answer to a lot of these questions has been I don't know. And we shall see. So,

we shall see. Thank you.

Thank you.

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